Harvard's Porter: Trump's a Distraction to Businesses

The video discusses the concept of uncertainty in leadership, particularly in the context of Donald Trump's influence on business and investment. It highlights the challenges businesses face due to global political uncertainties like China and Brexit. The discussion also draws historical parallels to the 1920s, emphasizing the need for businesses to focus on real competitive advantages rather than being swayed by political whims.

What is a common instinct for leaders when facing uncertainty, according to the discussion?

• To innovate rapidly

• To seek external advice

• To ignore the uncertainty

• To hedge against uncertainty

What is suggested as a more effective strategy than hedging against uncertainty?

• Increasing marketing efforts

• Reducing workforce

• Doubling down on competitive advantages

• Diversifying investments

How are Trump's tweets perceived in terms of their impact on large companies?

• They are considered irrelevant

• They are seen as beneficial

• They are ignored by most companies

• They are viewed as a distraction

What is one way companies can demonstrate their commitment to America?

• By increasing their advertising budget

• By expanding overseas operations

• By reducing product prices

• By focusing on employee career paths

What is a major risk for businesses in the next 12 months according to the discussion?

• Increased competition

• Technological obsolescence

• Hesitancy to invest

• Rising inflation

What historical period is Trump's approach compared to in the discussion?

• The 1960s in America

• The 1980s in Japan

• The 1920s in Italy

• The 1950s in Germany

What is a significant concern about Trump's communication style?

• It lacks clarity and sophistication

• It is too focused on international issues

• It is overly technical

• It is too detailed